Important Update: ASM Under Trading Halt – Major Upside Expected!
Good morning, everyone!
There’s been a lot of confusion and speculation around ASM’s current price, but let’s clear up the facts and focus on the real value of this stock.
ASM (ASX: ASM) is currently at $0.605, but don’t be fooled – the true floor price is $7.80, supported by the Korean government, which paid this for the stock in a strategic investment.
That’s a massive gap compared to where it’s trading now.The recent downtrend is largely driven by short interest and external pressures (read: Chinese influence), but let’s not lose sight of the fundamentals:$ASM is strategically positioned to thrive as tensions in the China Sea and potential conflict over Taiwan escalate.
Global demand for critical materials like those $ASM specializes in is about to soar.A low number of shares on offer is setting the stage for a powerful short squeeze.
With $ASM currently in a trading halt awaiting a major announcement, we can expect some big news that could send the price soaring, especially as the short interest gets crushed.
Don't get distracted by the noise or those purposefully vague posts designed to confuse investors.
$ASM has never been in a stronger position to rebound, with government backing, critical resources, and the perfect storm brewing geopolitically. $7.80 is the floor – the upside potential is significant.Watch closely, because this is likely to pop hard once the halt lifts and news breaks.
ASM Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)